Austin Engineering Limited · ASX:ANG
Austin Engineering — Shareholder Meeting (November 2009)
14 slides from Austin Engineering's shareholder meeting presentation, Nov 13, 2009
Slide 1: 2009 annual general meeting
For personal use only 2009 annual general meeting 13 November 2009, Perth
Slide 2: Agenda
agenda For personal use only Chairman’s address Managing Director’s address AGM formalities Close and opportunity to meet over refreshments 2009 annual general meeting
Slide 3: Key achievements in FY 2008/09
key achievements in FY 2008/09 For personal use only Record full year EBIT result of $21.6m, up 27%, reflecting high levels of activity on the mining sector Revenue growth from increased market penetration and customer acceptance of Austin’s Westech and JEC product lines and service capabilities Dom
Slide 4: Continued growth
For personal use only continued growth
Slide 5: Financial results overview FY 2008/09
financial results overview FY 2008/09 For personal use only FY2009 FY2008 Increase $m $m % Significant year-on-year revenue growth across all Revenue 179.32 106.34 69% operations, reflecting elevated activity levels in the mining sector EBITDA 23.84 18.86 26% Exceptionally high level of activity in
Slide 6: Financial results overview FY 2008/09 balance sheet
financial results overview FY 2008/09 For personal use only 30 June 30 June 2009 2008 Increase Underlying balance sheet strengthened significantly $m $m % in the year as a result of solid operational Working capital 8.99 9.32 -4% performance Property, plant and equipment 26.71 21.85 22% Strong opera
Slide 7: Market analysis
business update - market analysis For personal use only Signs of macroeconomic stability and growth returning: China’s urbanisation program expected to continue: Source: The Wall Street Journal, livemint.com, 12 October 2009 Major miners are taking a forward view: Rio Tinto has announced capital exp
Slide 8: Australia
business update - australia For personal use only East Coast Operations: Customer purchasing behaviour showing strong signs of returning to normal with enquiries for larger numbers of equipment for longer periods of time Activity in the Bowen Basin and Hunter Valley mine sites remain at elevated lev
Slide 9: North America and Middle East
business update - north america and middle east For personal use only North America: Recovery of economic and mining activity continuing to lag behind Australia and South America Customers now showing the early signs of emerging from their “lock down” business approach with enquiry levels having pic
Slide 10: Chile
business update - chile For personal use only Austin Ingenieros Chile Limitada (Austin Engineering Chile) up and running, branding and identity already well-established in Chile, Peru and Colombia Integration successfully completed in a short period of time Productive and financial performance to da
Slide 11: Brazil
business update - brazil For personal use only Slight delay in set up of joint venture due to finalisation of the commercial aspects of steel supplies to the region and government regulations Large, well-established and respected engineering company identified as joint venture partner Virtually no l
Slide 12: Financing
business update - financing For personal use only Bank facilities renewed and extended following completion of the bank’s annual review in November 2009 USD 19m Westech loan facility now extended to late October 2011 on an interest-only basis, with interest rates currently below 2% (including the ba
Slide 13: Outlook
outlook For personal use only More sustained levels of economic recovery likely to become evident in the second half of the financial year in Australia and South America mining regions Slower and much more gradual recovery in North America throughout the remainder of FY10 Increased business confiden
Slide 14: For more information please visit www.austineng.com.au
For personal use only For more information please visit www.austineng.com.au
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